When is the deadline for submitting the fixed tax declaration? What are the bases for determining fixed tax for households?

When is the deadline for submitting the fixed tax declaration in Vietnam?

Pursuant to Point c Clause 2 Article 44 of the 2019 Law on Tax Administration, the deadline for submitting the fixed tax declaration is stipulated as follows:

Deadline for Submission of tax declaration dossiers

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2. The deadline for submitting tax declaration dossiers for taxes calculated annually is stipulated as follows:

a) No later than the last day of the third month from the end of the calendar year or fiscal year for annual tax finalization filings; no later than the last day of the first month of the calendar year or fiscal year for annual tax declaration dossier;

b) No later than the last day of the fourth month from the end of the calendar year for personal income tax finalization filings directly settled by individuals;

c) No later than December 15 of the preceding year for the fixed tax declarations of business households and business individuals paying tax by the presumptive method; in the case of new business households or individuals, the deadline is no later than 10 days from the start of the business.

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According to the above regulation, the deadline for submitting the fixed tax declaration is December 15 of the preceding year for the fixed tax declarations of business households and business individuals paying tax by the presumptive method; in the case of new business households or individuals, the deadline is no later than 10 days from the start of the business.

When is the deadline for submitting the fixed tax declaration? What are the bases for determining fixed tax for households? (Image from the Internet)

What are the bases for determining fixed tax for households in Vietnam ?

According to the provisions of Clause 1 Article 13 of Circular 40/2021/TT-BTC, the bases for determining fixed tax for households are as follows:

- The tax declaration dossier of households is self-declared by the household based on estimated revenue and the fixed tax rate for the taxable year;

- The tax authority's database;

- Consultation opinions from the commune-level tax advisory council;

- Results of public disclosure of information and reception of feedback from the tax advisory council, the People's Committees, the People's Councils, the Vietnam Fatherland Front at commune level, the households, and other organizations and individuals.

Public disclosure of information for households involves the tax authority publicly disclosing and receiving feedback about the revenue and fixed tax rate for these households according to regulations. The first disclosure is for reference and consultation on estimated revenue and fixed tax rate; the second disclosure is for reference and consultation on the official revenue and fixed tax rate payable for the taxable year.

Public disclosure of information includes: posting information in paper format at the locality; direct delivery to the households; direct delivery to the People's Councils, People's Committees, Fatherland Front at district, commune, and ward-level; disclosing information on the Tax Authority's electronic information page.

What documents are included in the fixed tax declaration in Vietnam?

According to the provisions of Clause 3 Article 13 of Circular 40/2021/TT-BTC, the tax declaration dossier includes the following contents:

- From November 20 to December 5 annually, the tax authority issues the tax declaration form for the following year to all households.

- The tax declaration dossier for households is the tax declaration form for business households and business individuals according to form number 01/CNKD Download promulgated with Circular 40/2021/TT-BTC.

- In cases where the presumptive household uses invoices issued by the tax authority for each transaction, when declaring tax on revenue from individual invoices, the household declares tax for each transaction using the tax declaration form for business households and individuals according to form number 01/CNKD promulgated with this Circular and concurrently presents, submits the following documents with the tax declaration dossier:

+ Copy of the economic contract for supply of goods and services related to the business activities of the presumptive household;

+ Copy of acceptance minutes, liquidation of the contract;

+ Copy of documents proving the origin of goods and services, such as: purchase listing of agricultural products for domestic agricultural goods; listing of goods purchased, exchanged by border residents if goods are imported by border inhabitants; invoice issued by the seller for imported goods purchased from domestic entities; related documents for self-produced or provided goods,...

The tax authority has the right to request the presentation of originals for verification and confirmation of the accuracy of copies with the originals.